Ayala-led ACE Enexor will be borrowing up to Php300 million to fund its various projects. In a disclosure to the Philippine Stock Exchange on Monday, Enexor said its board approved a short-term...
Pilipinas Shell Petroleum Corporation said it is paying the Bureau of Customs (BOC) Php3.49 billion in alleged excise taxes and value-added taxes (VAT) it was supposed to remit for alkylate imports from...
Just over a month after resuming full operations, First Gen Corporation’s Avion power plant has encountered trouble again, this time with the 48.5-megawatt (MW) Unit 1 sustaining damages. In a disclosure to...
Ayala-led ACE Enexor has named Rolando “Don” Paulino, Jr. as its new president and one of its directors effective January 1, 2022. In a disclosure to the Philippine Stock Exchange, Enexor said...
The shareholders of Aboitiz Equity Ventures (AEV) have formally approved the investment of Japanese firm JERA Asia Private Limited in Aboitiz Power Corporation. In a disclosure by AEV — AboitizPower’s parent firm...
Citicore Energy Solutions, Inc. (CESI), the retail electricity supplier (RES) of renewable energy (RE) firm Citicore Power, recently bagged three new contracts for the supply of RE to their respective facilities. CESI...
House Assistant Majority Leader and Cebu Rep. Eduardo Gullas criticized the Makati Business Club (MBC) for calling on the government to take control of the operations of the offshore Malampaya gas field....
The International Energy Agency (IEA) said the Philippines is expected to be among the top five importers of biofuels come 2026. This comes as the Paris-based autonomous intergovernmental organization forecasts a wider...
The liquefied natural gas (LNG) projects of SMC Global Power Holdings — the power arm of San Miguel Corporation (SMC) — lead the list of over 15,000 megawatts (MW) in new power...
The head of the Philippine Nuclear Research Institute (PNRI) has appealed to Pres. Rodrigo Duterte to sign the executive order (EO) seeking to tap nuclear power as part of the country’s energy...
